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English court approves bookkeeper discovery out of jurisdiction

By Douglas Thomson

26 September 2019

English court approves bookkeeper discovery out of jurisdiction The liquidator is attempting to discover details about the debtors of a wound-up meat wholesaler / istock.com/chayakorn lotongkum

Liquidators can use their discovery powers extraterritorially, the English High Court has ruled, departing from a 2015 precedent in the MF Global bankruptcy and following the Omni Trustees precedent instead.